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Facebook gets EU approval for $19bn WhatsApp bid

Credit: PA Images

The European Union has given clearance to Facebook's proposed $19bn (£11.8 billion) bid to takeover mobile messaging app WhatsApp.

The landmark deal is the largest in Facebook's 10-year history and will give it a strong foothold in the fast-growing mobile messaging market, Reuters have reported.

The European Commission said the Facebook-WhatsApp deal would not hurt competition in the lucrative European mobile communications market.

"We have carefully reviewed this proposed acquisition and come to the conclusion that it would not hamper competition in this dynamic and growing market. Consumers will continue to have a wide choice of consumer communications apps," European Competition Commissioner Joaquin Almunia said.

EU regulators 'to approve Facebook's $19 billion WhatsApp deal'

Facebook's $19 billion offer to but WhatsApp will be unconditionally approved by European Union antitrust regulators, two people familiar with the matter have told Reuters.

EU regulators 'to approve Facebook's $19 billion WhatsApp deal' Credit: Armin Weigel

The landmark deal, the largest in Facebook's 10-year history, will give the company a strong foothold in the fast-growing mobile messaging market and pit it against telecoms companies.

New WhatsApp record sees 20bn messages in one day

Instant messaging service WhatsApp has set a new company record for the number of messages handled in a single day, just weeks after being purchased by Facebook.

In a tweet sent from the company's official Twitter account, the messaging service announced that in a 24 hour period more than 64 billion messages were handled.

This breaks down into 20 billion sent messages and 44 billion received according to the tweet.

The figures differ due to the group messaging setting in the app which counts a message sent to a group as one sent item, but is counted as received by each individual in the group.

A year ago, WhatsApp's daily message traffic was around 27 billion a day; highlighting a significant increase in traffic.

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